Lot 1259
1922, $20 Gold Certificate. PCGS Superb Gem New 67PPQ. Fr-1187. KL-564. This flawless Gold Certificate is a rare exception to a rule: Fr. 1187s almost always come with tight top and bottom margins, due to the position of the engraved notes on the printing plates being very close together. This piece has boardwalk margins all around, and the colors are spectacular. The paper is bright and free of any flaws, providing excellent contrast on both sides. The originality is readily evident, with embossing visible from all parts of the design and overprint. While a small handful of Fr. 1187 mule variety notes have been graded a point higher by PCGS, no Fr. 1187 non-mules have graded any finer than this example. This one is as spectacular as any, and any advanced collector would consider this a prize for which it is worth stretching an extra bid or two. Estimated Value $7,000 - 9,000
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| Realized $6,463 |
